CAclubindia News

Income Tax Department Ensures No Data Loss in CR Building Fire Tragedy

16 May 2024 at 08:56

The Income Tax Department has reassured taxpayers that no data loss occurred due to the fire incident at its CR Building in ITO, where one official tragically lost his life.

Posted in Income Tax | 2262 Views

GSTAT Set for Operationalization by End of 2024 or Early 2025

15 May 2024 at 08:51

According to sources closely involved in the process, efforts are underway to ensure the expeditious operationalization of the GST Appellate Tribunal.

Posted in GST | 2514 Views

Tax Incentives Can Drive Sustainable Manufacturing Growth

15 May 2024 at 08:51

Experts emphasize the pivotal role of financial incentives in propelling the adoption of green manufacturing practices among businesses.

Posted in Income Tax | 492 Views

Five States Ready for Aadhaar-based GST Registration Authentication

14 May 2024 at 08:44

Five states, including Karnataka, Tamil Nadu, and Telangana, are now considering the implementation of Aadhaar-based authentication for GST registration, marking a significant shift in ensuring the integrity of the tax system

Posted in GST | 2928 Views

CBDT releases new functionality in AIS to increase transparency

14 May 2024 at 08:43

Taxpayers can now check whether their feedback is acted upon by the Source/Reporting Entities

Posted in Income Tax | 1 comments | 5604 Views

Section 43B: Deductible Expenses Beyond MSME Payments

13 May 2024 at 08:57

Section 43B of the Income Tax Act, 1961, stands as a critical component shaping the financial landscape for businesses and professionals in India.

Posted in Income Tax | 1212 Views

Supreme Court: GST Officers Require Verifiable Material, Not Mere Suspicion Before Arrest

13 May 2024 at 08:57

The Supreme Court of India witnessed a significant legal debate on May 9th, 2024, concerning the legality of arrest powers granted to officers under the Customs Act and GST Act.

Posted in GST | 3693 Views

ITR-3 Excel, Offline & Online Utility for AY 2024-25 Now Accessible for Filing

11 May 2024 at 09:05

Excel, Offline and Online Utility of ITR-3 for AY 2024-25 is available for filing.

Posted in Income Tax | 1353 Views

MCA Seeks Feedback On Review of Rules specified under the Chartered Accountants Act, 1949

11 May 2024 at 09:04

The Ministry of Corporate Affairs has initiated a public consultation process to review the rules specified under the Chartered Accountants Act, 1949.

Posted in Corporate Law | 2703 Views